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Author Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :)  (Read 3326263 times)
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April 18, 2015, 03:38:06 AM
 #32561


That was a pre-announcement (TM).

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April 18, 2015, 03:38:11 AM
 #32562

This PaycoinGold idea is a nifty pump-and-dump variation.

1) Buy a lot of whatever crypto cheap on the open market.
2) Make those into a kind of exclusive token to get a discount on a product. The price will rise as people want to buy the coin to get the discount.
3) Dump your coins.
4) Close up shop.

The people who are stuck are the ones who didn't get a chance to buy with their coins. If you're a sleazeball, you could do

5) Refund the last set of orders saying you're out of inventory.

But that's really optional.

So, I think this guy will stay in business less than two weeks. He should make a solid profit.
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April 18, 2015, 03:39:23 AM
 #32563

He senses the Gaw faithful are ready to be sheared yet again.

You know... until we see if he's jacking his prices up or not... I'm going to give him credit for really believing that he can pull that off. I consult and, when the bitcoin market is in the RIGHT mood, I do give a deduction for bitcoin payment. I've managed to get 5 people into routine bitcoin use that way. So, I count it as a win even if I only break even.

Kudos for your generosity.

I used to day trade Bitcoin successfully. Then I took an arrow to the knee.
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April 18, 2015, 03:41:51 AM
 #32564



The TM stand for TheMage  Grin

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Paul Revere
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April 18, 2015, 03:46:02 AM
 #32565

I see no reason why selling products for less than you can purchase them will fail, that is the way it is always done- right?  Roll Eyes

He senses the Gaw faithful are ready to be sheared yet again.

You know... until we see if he's jacking his prices up or not... I'm going to give him credit for really believing that he can pull that off. I consult and, when the bitcoin market is in the RIGHT mood, I do give a deduction for bitcoin payment. I've managed to get 5 people into routine bitcoin use that way. So, I count it as a win even if I only break even.

Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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April 18, 2015, 03:51:20 AM
 #32566


Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

But if what he loses in discount is less than what he gains by pumping up the coin, he can make a ton of money quickly. He just can't stay open very long.
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April 18, 2015, 03:55:48 AM
 #32567


Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

But if what he loses in discount is less than what he gains by pumping up the coin, he can make a ton of money quickly. He just can't stay open very long.

You lost me here. How does accepting XPY = pumping XPY? And , this guy is NOT a sharp market player, I have been following his posts for quite a while, he is basically a retard that thinks if you throw $10 in the air $20 will come down.

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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April 18, 2015, 03:58:39 AM
 #32568

I see no reason why selling products for less than you can purchase them will fail, that is the way it is always done- right?  Roll Eyes

He senses the Gaw faithful are ready to be sheared yet again.

You know... until we see if he's jacking his prices up or not... I'm going to give him credit for really believing that he can pull that off. I consult and, when the bitcoin market is in the RIGHT mood, I do give a deduction for bitcoin payment. I've managed to get 5 people into routine bitcoin use that way. So, I count it as a win even if I only break even.

Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

Me personally? I'm giving discounts on consulting.

Him?  I think he really does think that the XPY will go up significantly and he's bought into the idea that the future increase will offset his current losses. I'm pretty sure anyone who's offering to sell gold already knows it isn't a retail type of market. Notice that he's not using spot prices?  He probably has a local shop that can sell to him at a "FMV"-ish price and going to take a personal hit for 'the interim' until XPY shoots off to the moon.

I think its a bad business decision, but I've looked at some of the online links related to him and he's not going to have Mensa battering down his door any time soon... so, unjustified, idealistic belief in Paycoin is consistent with his past performance.

PayCON: PHQAtLmwRXTskGqry1FBuFLnWuqMzcj1TH   --==*==--  Qora: QcgdKgPD1SkqzGXWGAY1gwao7257gyGVnB   --==*==--  BitCoin: 1L9NLA3wHcGwffm2avVg3tzhDGjtq9
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April 18, 2015, 03:59:58 AM
 #32569


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April 18, 2015, 04:01:13 AM
 #32570


Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

But if what he loses in discount is less than what he gains by pumping up the coin, he can make a ton of money quickly. He just can't stay open very long.

You lost me here. How does accepting XPY = pumping XPY? And , this guy is NOT a sharp market player, I have been following his posts for quite a while, he is basically a retard that thinks if you throw $10 in the air $20 will come down.

You guys over think this too much. It is just a scam to steal from retards. Who says he will ship any thing?.... They're just gonna scam each other now
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April 18, 2015, 04:05:13 AM
 #32571

Actually, it does. Fraud requires intent, as does illegal misappropriation.

To clarify, this is fraud in the way that all hashlet sales are fraudulent, but I don't see the evidence that he intended to defraud a charity. I don't think there's any additional fraud going on beyond what occurs during an ordinary hashlet sale. I think it's a fuck up followed by an ugly resistance to make up the difference. There were a lot of really incompetent people making a lot of poor decisions (like the entire concept of Paycoin) and making a lot of mistakes. This smells like a fuck up.

I would contend that he showed intent. He knew they sold 48k prior to making the donation. Therefore, when making the donation he unintentionally left out the other 38k?

pormise was made before knowing how much, i thougt we sold 10000 at the time, the promise was tyo donate 10000., read the posts, check the dates u fudding troller

No the promise was to donate 100% to the 9/11 memorial fund. That did not happen.

The promise was actually before they went on sale.

Exactly. How could he call them Remembrance/Memorial Hashlets for 911 after the fact when he had sold them as Remembrance/Memorial Hashlets in the first place.

DERP!

well he is doing it....  he just keeps padding the lies with more lies.  His entire flat world exists on the back of a lie and its lies all the way down.





https://archive.today/PSBV2

looks like uzzuzz just fucked josh.  asking when the selling starts.  So JOsh how did you decide to donate hours after selling started again?


Great post...if that doesn't single-handedly proves fraud i don't know what....
Paul Revere
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April 18, 2015, 04:08:49 AM
 #32572

I see no reason why selling products for less than you can purchase them will fail, that is the way it is always done- right?  Roll Eyes

He senses the Gaw faithful are ready to be sheared yet again.

You know... until we see if he's jacking his prices up or not... I'm going to give him credit for really believing that he can pull that off. I consult and, when the bitcoin market is in the RIGHT mood, I do give a deduction for bitcoin payment. I've managed to get 5 people into routine bitcoin use that way. So, I count it as a win even if I only break even.

Right but you are talking about regular retail, correct? In the Gold/Silver business there is no huge markup to begin with where you can make discounts, and then he is saying he will undercut the Fair Market Value, which is what you can buy the products for to begin with - if you buy in large quantities. There is no such thing as "wholesale" in the Gold/Silver business, it costs what it costs. (yes, giant industrial purchases are slightly less, but that is Millions of dollars in purchases) I have been into Gold & Silver for a very long time (Thanks Hunt Brothers, you helped me buy my first car!) and I can tell you for sure that there simply is no way to do what he is suggesting. It would be easier for him to just send back more XPY than customers pay him and save all the fucking around buying inventory and shipping things. Seriously. This guy has some mental issues, hard to believe he is an actual M.D. . Might have something to do with his drug addiction, of course.

Me personally? I'm giving discounts on consulting.

Him?  I think he really does think that the XPY will go up significantly and he's bought into the idea that the future increase will offset his current losses. I'm pretty sure anyone who's offering to sell gold already knows it isn't a retail type of market. Notice that he's not using spot prices?  He probably has a local shop that can sell to him at a "FMV"-ish price and going to take a personal hit for 'the interim' until XPY shoots off to the moon.

I think its a bad business decision, but I've looked at some of the online links related to him and he's not going to have Mensa battering down his door any time soon... so, unjustified, idealistic belief in Paycoin is consistent with his past performance.


I think you are missing something regarding Gold/Silver pricing. Fair Market Value is what you can actually buy something for. Small purchases like a single gram of gold or a single ounce of Silver will run you maybe ~20% MAX over spot, and that is if you do not know how to shop around. In today's market you can buy locally for ~5% over spot prices for less than ~1,000ish and more like 2% over spot once you get up above that.  Beyond that the discounts to approach actual spot are very gradual as the quantities go up exponentially. What WhoCares is saying is that he is going to sell at less than he can buy his inventory for, unless of course, he plans on saying "Fair Market Value" is WAAY above spot and then give a ~5-10% discount or such, which then he is just full of bullshit and what he is stating is pure lies.

So, in a nutshell, this WhoCares guy is either a complete idiot or a liar, or some combination of those two things.

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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April 18, 2015, 04:09:02 AM
 #32573



Ugly

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bumpershot
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April 18, 2015, 04:12:30 AM
 #32574

Great post...if that doesn't single-handedly proves fraud i don't know what....

There are plenty of much more clear-cut examples of fraud. Like, for example, selling people physical miners supposedly being hosted but don't actually exist at all. Selling somebody something that doesn't exist is about as fundamental as fraud gets. It's hard to prove intent to defraud with the 911 Hashlets.
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April 18, 2015, 04:12:51 AM
 #32575


But if what he loses in discount is less than what he gains by pumping up the coin, he can make a ton of money quickly. He just can't stay open very long.

You lost me here. How does accepting XPY = pumping XPY? And , this guy is NOT a sharp market player, I have been following his posts for quite a while, he is basically a retard that thinks if you throw $10 in the air $20 will come down.

You guys over think this too much. It is just a scam to steal from retards. Who says he will ship any thing?.... They're just gonna scam each other now

Since I'm still over thinking... bet if he went to garza with his idea, garza is footing some of the initial expenses (like losses) for the first couple months  weeks  days and once that garza money runs out, he'll see how much he's stands to loose. There's no way his efforts are going to push up XPY prices, even if he does hold all the XPY that he's paid. So, in a sense, garza may have found a new way to suck money out of these folks... get them to resell stuff but never convert the XPY to BTC of fiat... of course, I could be over thinking and for as much as I do think Dr Dim is doing this with good intentions (until proven otherwise)... I could see garza backing the muggle, and even promising to ship him cheap gold from dubai, for his own purposes.

PayCON: PHQAtLmwRXTskGqry1FBuFLnWuqMzcj1TH   --==*==--  Qora: QcgdKgPD1SkqzGXWGAY1gwao7257gyGVnB   --==*==--  BitCoin: 1L9NLA3wHcGwffm2avVg3tzhDGjtq9
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April 18, 2015, 04:13:39 AM
 #32576

This larger version seems appropriate at this time.



Man this is entertainment gold.  12 pack down and still over 10 pages to go.  Can we sue for reimbursement for lost time and party supplies?  

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April 18, 2015, 04:13:56 AM
 #32577



Another terrifying blow to the Garbonzo man! More proof of blatant fraud
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April 18, 2015, 04:14:36 AM
 #32578

This larger version seems appropriate at this time.

http://i.imgur.com/Pq7Wls1.jpg

Man this is entertainment gold.  12 pack down and still over 10 pages to go.  Can we sue for reimbursement for lost time and party supplies?  



I wish I had some beer right now Sad.

Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
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April 18, 2015, 04:15:39 AM
 #32579

This larger version seems appropriate at this time.

http://i.imgur.com/Pq7Wls1.jpg

Man this is entertainment gold.  12 pack down and still over 10 pages to go.  Can we sue for reimbursement for lost time and party supplies?  



I wish I had some beer right now Sad.
I got plenty, come on over.

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April 18, 2015, 04:15:58 AM
 #32580

This larger version seems appropriate at this time.



Man this is entertainment gold.  12 pack down and still over 10 pages to go.  Can we sue for reimbursement for lost time and party supplies?  


When you're not going anywhere, Stay the Course!

All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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